Mitsubishi Motors to Cut 11,000 Jobs, Nearly a Quarter of Global Work Force Under Revival Plan
TOKYO May 21, 2004; Yuri Kageyama writing for the AP reported that Mitsubishi Motors Corp. will cut 11,000 jobs, nearly a quarter of its global work force, and get a $4 billion infusion from its parent and other investors under a revival plan its chief executive described as its "last chance." The Japanese automaker is ... Continue reading
ComSense Engine Sensor Technology Wins TIIME Business Launch Competition
CLEVELAND--May 21, 2004--ComSense Technology Inc. came away with the First Place trophy and $35,000 at May 19th's annual Case Business Launch Competition award ceremony in Severance Hall. The Institute for the Integration of Management and Engineering (TIIME) at Case Western Reserve University made the award to Clevela ... Continue reading
Fitch: Delinquencies on U.S. Auto Loan ABS Show Further Improvement in April
NEW YORK--May 21, 2004--Auto loan asset-backed securities (ABS) delinquencies improved during April, aided by improving economics including clear signs of job creation and lower bankruptcy rates, according to Fitch Ratings in its latest edition of 'In the Auto ABS Driver's Seat.' Fitch's prime auto loan ABS delinquency ... Continue reading
Force Protection Discusses Q1 Results and Outlook for Rest of Year
CHARLESTON, S.C.--May 21, 2004--Force Protection, Inc. (OTCBB:FRCP) announced the filing of its 10Q Quarterly Report this week. The company reported that sales for the three month period ended March 31, 2004 increased by $1,546,504, or 16 times sales for the comparable period in 2003. Sales during the first quarter of ... Continue reading
Orbit Racing - Mont-Tremblant practice
disciplines of speed Orbit Racing posted the fifth-fastest GT time during practice for the May 23 Rolex Sports Car Series race at le Circuit Mont-Tremblant. Mike Fitzgerald lapped the 2.65-mile road course in one minute 38.339 seconds in the No. 44 Classic Industries Porsche 911 GT3 RS. Joe and Jay Policastro are quick ... Continue reading
Ryan Dalziel Fastest in First-Round Toyota Atlantic Qualifying for Grand Prix of Monterrey
RYAN DALZIEL FASTEST IN FIRST-ROUND QUALIFYING FOR GRAND PRIX OF MONTERREY: PADS LEAD IN TOYOTA ATLANTIC CHAMPIONSHIP PRESENTED BY YOKOHAMA STANDINGS MONTERREY, Mexico (May 21, 2004) ‹ Ryan Dalziel padded his lead in the Toyota Atlantic Championship Presented by Yokohama point standings by setting the fastest tim ... Continue reading
GARDENA, Calif.--May 21, 2004--Nissan Motorsports and Art Schmitt Racing will team up once again to compete in the 2004 Championship Off Road Racing (CORR) Lucas Oil Series. Nissan Trucks will have a power for presence at all CORR events this season. "The only good finish is first place. No matter how you look at it, w ... Continue reading
Contact: Todd Fisher (717) 292-1696 -FOR IMMEDIATE RELEASE MARK SMITH GETS FIRST SSP 410 SPRINT WIN, JOHNS TOPS ENDUROS, FELTY AND BRYMESSER VINTAGE WINNERS NEWBERRYTOWN, PA (May 20, 2004) â“ Mark Smith raced to his first career Susquehanna Speedway Park win in Thursday eveningâ™s 410 Sprint Car feature event ... Continue reading
Advanced Accessory Systems, LLC Announces Conference Call
STERLING HEIGHTS, Mich., May 21 -- Advanced Accessory Systems, LLC (AAS) announced an investor conference call has been scheduled for Tuesday, May 25, 2004, at 11:00 a.m. EDT to discuss first quarter financial results of its parent company on a consolidated basis. The U.S. and Canadian dial-in participant number for Tu ... Continue reading
AFL Automotive to Restructure Mexican Operations
PITTSBURGH--May 21, 2004--Alcoa today announced that its Alcoa Fujikura Ltd. (AFL) Automotive operations will reorganize its operations in Piedras Negras and Torreon, Coahuila, Mexico. This adjustment is necessary to maintain the competitiveness in the markets in which the company operates as a result of reduced produc ... Continue reading
Company Profile for Ownersite Technologies, LLC
--Ownersite Technologies is a privately-held technology company that develops and markets automotive CRM oriented software tools for Consumers, Credit Unions, Financial Service Providers, Automotive Dealerships, Automotive Service Providers, Fleet Managers and Auto Enthusiasts. Company: Ownersite Technologies, LLC Head ... Continue reading
Continental Supports Chrysler Group Training, Marketing Initiatives
AUBURN HILLS, Mich., May 21 -- Continental, a leading supplier of automotive safety systems, is partnering with the Chrysler Group to provide support for its dealer training program focused on the all-new Dodge Magnum and Chrysler 300C. Continental is also providing support for the Art of Driving, Camp Jeep(R), Camp Je ... Continue reading
FOR IMMEDIATE RELEASE CONTACT: Justin Anderson, Interim Public Relations Manager, ph: 704-348-9400, cellular 704-589-2100 DALZIEL QUICKEST IN TOYOTA ATLANTIC CHAMPIONSHIP PRESENTED BY YOKOHAMA FIRST-ROUND PRACTICE AT MONTERREY MONTERREY, Mexico (May 21, 2004) ‹ Toyota Atlantic Championship Presented by Yokohama point ... Continue reading
Dollar Thrifty Automotive Group Holds Annual Meeting of Stockholders
TULSA, Okla., May 21 -- Dollar Thrifty Automotive Group, Inc. , today held its Annual Meeting of Stockholders in Tulsa, Oklahoma. (Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO ) At the meeting, Molly Shi Boren, Thomas P. Capo, Maryann N. Keller, The Honorable Edward C. Lumley, Gary L. Paxton, John C. Pope ... Continue reading
Galvan Protects the Steel That Protects the Drivers at LMS
HARRISBURG, N.C., May 21 -- Galvan Industries, Inc. has played a major role in improving safety at Lowe's Motor Speedway in Concord, N.C. The company has hot-dip galvanized 6,100 linear feet of steel for a strategically placed, energy absorbing wall modification at the track. The new wall is called the S.A.F.E.R. Barri ... Continue reading
Al & Ed's Autosound's 'Mobile Electronics Family Road Trip Preparedness Accessories' Help Drivers and Passengers Alike Navigate Their Way to a Safe and Sane Family Vacation VAN NUYS, Calif., May 21 -- As families pile into their cars, trucks and vans to hit the road this summer, traditional family bonding activities su ... Continue reading
Visteon Congratulates Ford on F-150 Being Named Truck Interior of the Year
DEARBORN, Mich., May 21 -- Visteon Corporation is proud to have contributed to the interior of the F-150 and congratulates Ford Motor Co. on its F-150 being named Auto Interiors Show's "Truck Interior of the Year." (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) The all-new Ford F-150 is designed and e ... Continue reading
Safe Summer Driving Tips From Top Truck Drivers
ALEXANDRIA, Va., May 21 -- From driveway to highway, America's motorists are preparing for the 2004 Memorial Day holiday weekend and a summer of vacation travel. To get them safely on the way, the American Trucking Associations polled top professional truck drivers for their common sense advice on how to safely navigat ... Continue reading
PHOENIX--May 21, 2004--Sport Compact Only EVENT: Sport Compact Only Nights Event ORGANIZER: Sport Compact Only, a division of MotorWeb Inc. DATE/TIME: Saturday, May 22, 7 p.m. to Midnight LOCATION: Firebird International Raceway, Chandler, Ariz. CONTACT: Tony Perez, SCO Nights Media Coordinator, 602-454-9400 or press@s ... Continue reading
Convertible Holden Monaro does exist
May 21, 2004: Holden has solved one of the Australian automotive industry’s long-standing mysteries by confirming the existence of a convertible Monaro coupe. But the one-off vehicle, built by contractors TWR Engineering and Edscha in Europe two years ago, will never reach production. Holden showed the convertibl ... Continue reading
Toyota Announces Prices for 2005 ECHO
TORRANCE, Calif., May 21 -- Toyota Motor Sales (TMS), U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the 2005 ECHO subcompact sedan. In addition to delivering legendary Toyota quality, the value-driven ECHO is among the highest fuel-mileage non-hybrid passenger cars offered in the U.S. ... Continue reading
Hollywood Inspires a New Generation of Concept Vehicles in Detroit
DETROIT, May 21 -- It's "Lights, Camera, Action" as the American Iron and Steel Institute (AISI) and Detroit's College for Creative Studies (CCS) roll out the red carpet to launch the 16th annual summer internship program. This year's program challenges three transportation design students to develop a concept vehicle ... Continue reading
Airbiquity Inc.'s aqLink Software Modem Supported on Freescale's mobileGT MPC5200 Embedded Processor
BAINBRIDGE ISLAND, Wash.--May 21, 2004--Airbiquity(R) Inc., a leading provider of mobile data communications software solutions, today announced the availability of Airbiquity's patented aqLink(R) software modem on the mobileGT(TM) telematics platform from Freescale Semiconductor, a wholly owned subsidiary of Motorola. ... Continue reading
2004 Indy 500 : BorgWarner Louis Schwitzer Award Presented to Honda
INDIANAPOLIS, May 21 -- The 38th BorgWarner Louis Schwitzer Award has been presented to Yasuhide Sakamoto, Steve Eriksen, Steve Miller, and Steve O'Connor for the Honda HI4R-A engine. The annual award recipient is selected by engineers and presented to engineers for innovative engineering excellence in the field of rac ... Continue reading
Ten Simple Ways to Save Money on Gas; Cost-Cutting Steps Also Make a Difference in Air Quality
AUSTIN, Texas, May 21 -- With no end in sight to rising gasoline prices, supporters of the state's air quality campaign say there are plenty of simple things drivers can do to save money at the pump and help reduce air pollution at the same time. The Texas Department of Transportation (TxDOT) and the Texas Commission o ... Continue reading
Ward's Reports Estimated North American Vehicle Production - May 21, 2004
SOUTHFIELD, Mich., May 21 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 333,276 units, down 5.3 percent from the 351,760 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now tota ... Continue reading
Prolong International Corporation Reports First Quarter 2004 Results
IRVINE, Calif.--May 21, 2004--Prolong International Corporation (AMEX:PRL), (http://www.prolong.com), a technology driven consumer products holding company and parent of Prolong Super Lubricants, Inc., manufacturer and marketer of patented consumer automotive, commercial/industrial and household products, announced tod ... Continue reading
AAA Texas: Weekend Gas Watch; New Prices -- New Records
HOUSTON--May 21, 2004--For the third straight week, all Texas cities surveyed have set new weekly records, according to AAA Texas' Weekend Gas Watch. The national average for regular self-serve gasoline edged passed the $2 mark this week to $2.010, six cents higher than last week's average, and 51 cents higher than las ... Continue reading
Teen Arrive Alive and Orlando Predators Team Up To Encourage Safe Driving Habits Among Teens
BRADENTON, Fla.--May 21, 2004-- -- Demonstration of TAA's GPS Technology To Be Held at Predators May 23rd Game -- Teen Arrive Alive(SM)(TAA) - a company dedicated to saving lives by encouraging safe driving habits among teens - will be demonstrating its products using advanced GPS technology that can track a teen drive ... Continue reading
New Car Review: 2005 Saab 9-2X
DRIVING DOWN THE ROAD WITH CAREY RUSS Saab, at the moment, is one of the ``other'' European premium brands, and probably not the one that comes to mind for most people when asked to name a European sport-luxury car maker. Saab would like to change that, and is succeeding. Sales were at record levels last year, and Saab ... Continue reading
Mitsubishi Motors' Business Plan Details
TOKYO, May 21, 2004; Reuters reported that Japan's Mitsubishi Motors Corp (MMC) announced on Friday details of a much-awaited medium-term business plan that centres on a financial aid package worth 450 billion yen ($4 billion). Following are the details of the announcement: FINANCIAL -- MMC said it was targeting a retu ... Continue reading
Mitsubishi Motors says Phoenix Capital to Hold 40% of Refinanced Company
KYO, May 21, 2004; Reuters reported that Japan's Mitsubishi Motors Corp (MMC) (Tokyo:7211.T - News) said on Friday that Phoenix Capital's stake in the auto maker would be around 40 percent, assuming it bought 100 billion yen of common shares. DaimlerChrysler AG's holding would fall to between 22 and 23 percent from 37 ... Continue reading
DCX Will Keep Diluted Ownership Position in Mitsubishi Motors
FRANKFURT, May 21, 2004; Reuters reported that DaimlerChrysler AG reiterated on Friday that it plans to keep its stake in Japanese partner Mitsubishi Motors Corp even though the holding was diluted by a capital increase. "It is still the case that we are keeping this stake. We do not intend to find a new buyer," Daimle ... Continue reading
RCAI Announces New ECP Certification
LAKE FOREST, Calif.--May 21, 2004--RCAI (OTCBB:RCAA) - ALDEROX(TM) KR7(TM) has just received certification with Environment Canada's Environmental Choice(M) Program (ECP). ALDEROX(TM) KR7(TM) has successfully met the criteria for environmental and performance standards. ALDEROX(TM) KR7(TM) is RCAI's second product to r ... Continue reading
STMicroelectronics Introduces Complete Automotive H Bridge in a Single Package
Package integrates three dice built with ST's leading power processes GENEVA, May 21 -- STMicroelectronics has introduced a complete H bridge in a single package for high-power automotive applications such as driving window lifts, seat positioners and for DC motor control. The VNH3SP30 is a full-bridge motor driver int ... Continue reading
As Gas Prices Soar, ShoreLand'r Offers Trailering Tips to Maximize Fuel Economy
IDA GROVE, Iowa, May 21 -- With gas prices hitting all-time highs, this summer's travel season looks as if it will be spent closer to home. To combat these higher gas prices, the folks at ShoreLand'r Trailers offer a list of trailering tips that will help get the most out of your gas money. Rick Heeren, international s ... Continue reading
LA Auto Club: No Relief in Sight as Gasoline Prices Continue to Set New Records
LOS ANGELES--May 21, 2004--Strong demand for gasoline helped push prices higher last week throughout California as new record high prices were set virtually on a daily basis, according to the Automobile Club of Southern California's Weekend Gas Watch. The national average for gasoline is $2.010, 6 cents higher than las ... Continue reading
Chrysler Group Launches Top Down Days To Kick-Off 2004 Convertible Season
- Chrysler Introduces Hot New Convertible Styles for 2005 - Consumers Can Enter to Win a Chrysler PT Cruiser Convertible When They Visit www.topdowndays.com - Convertible Style Tips Offered by Carson Kressley, Fashion Savant AUBURN HILLS, Mich., May 21 -- Chrysler Group, America's convertible company, kicks-off the off ... Continue reading
Team 7-Eleven Practice Report (May 20, 2004)
If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading
Earl Scheib Signs Letter of Intent to Be Acquired by Elden Holding Group, LLC
SHERMAN OAKS, Calif.--May 20, 2004--The Board of Directors of Earl Scheib, Inc. (AMEX:ESH) (the "Company") approved the execution of a Letter of Intent with Elden Holding Group, LLC ("Elden"), a private real estate investment company whereby Elden will acquire all of the Company's issued and outstanding capital stock f ... Continue reading
Jim Beam to Donate $100,000 to The Michael Andretti Foundation
First donation of $20,000 goes to Purdue University to support alcohol education WHAT: Jim Beam will continue its support of The Michael Andretti Foundation and donate another $100,000 as part of the company's ongoing initiative to promote the importance of responsible consumption by legal-purchase age adults. On Thurs ... Continue reading
Albertsons To Sponsor Portland Motorock Trans-Am Series Race During Champ Car Grand Prix Weekend
CONTACT: Justin Anderson, Motorock Trans-Am Series 704-348-9400 Nate Parr, Fish Marketing 503-635-0007 FOR IMMEDIATE RELEASE ALBERTSONS TO SPONSOR PORTLAND MOTOROCK TRANS-AM SERIES RACE DURING CHAMP CAR GRAND PRIX WEEKEND PORTLAND, Ore (May 20, 2004) ‹ Albertsons has been named title sponsor of Round 2 of the 200 ... Continue reading
Tiger Truck Delivers First Automatic Transmission in Its Class
DALLAS, May 20 -- In an industry first, Tiger Truck began delivering a 3-speed automatic transmission in its line of off-road, small utility trucks and vans. As a complement to the standard 5-speed manual transmission, the company is the first in its class to make an optional automatic transmission available to its use ... Continue reading
Dodge Ram Qualifying notes from LMS
Thursday, May 20, 2004. Ray Cooper Lowe's Motor Speedway. Clear!Blue Infineon 200 Qualifying. 704-975-3232 STEVE PARK (No. 62 Orleans Racing Dodge Ram) - Qualified 25th "That was actually pretty good. ... Continue reading
XM Satellite Radio Indy 500 Practice Report May 20, 2004
If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading
Klein Tools/Jim Beam Practice Report May 20, 2004
If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading
Airbiquity Announces aqLink over Bluetooth for Telematics and M2M Markets
BAINBRIDGE ISLAND, Wash.--May 20, 2004--Airbiquity(R) Inc., a leading provider of mobile data communications software solutions, today announced the availability of Airbiquity's patented aqLink(R) software modem over Bluetooth(TM) audio links, opening up new opportunities in the Telematics and M2M markets. Telematics r ... Continue reading
HONDA / MICHELIN CHALLENGE SERIES KICKS OFF THE 2004 SEASON
Information: Max d'Orsonnens (514) 246-8909 Richard Jacobs (416) 287-4708 Ralph Luciw (416) 802-7139 For Immediate Release HONDA / MICHELIN CHALLENGE SERIES KICKS OFF THE 2004 SEASON WITH OPENING ROUND AT MOSPORT INTERNATIONAL RACEWAY BOWMANVILLE, Ontario (May 20, 2004) - The re-launch of the crowd-pleasing Honda / Mic ... Continue reading
GM Says Saab Cars USA to relocate headquarters to Detroit
Norcross, GA May 20, 2004; Saab Cars USA's corporate headquarters will be relocated from Norcross, Georgia to the General Motors world headquarters at the Renaissance Center in Detroit, Michigan. The move will take several months and Saab's new corporate office should be fully operational by September 7, 2004. "This mo ... Continue reading
Swedish Carmaker Saab Moving U.S. Headquarters to Detroit, Near Parent General Motors
DETROIT May 20, 2004; John Porretto writng for the AP reported that Swedish carmaker Saab is moving its U.S. headquarters to Detroit from outside Atlanta in a move that will place it in the same location as parent General Motors Corp. Saab Cars USA, a subsidiary of GM-owned Saab Automobile AB, expects to be settled int ... Continue reading
Mitsubishi Motors to Get $4b in Funding From Mitsubishi Group and Other Investors
TOKYO May 20, 2004; Yuri Kageyama writing for the AP reported that ailing Japanese automaker Mitsubishi Motors Corp. will receive 450 billion yen ($4 billion) in funding from the Mitsubishi group and other investors as it struggles to hammer out a revival plan without additional money from German partner DaimlerChrysle ... Continue reading
Hertz Opens Draper, UT Location as Part of Suburban Market Expansion
PARK RIDGE, N.J., May 20 -- As part of a company-wide strategy to further expand into suburban markets, The Hertz Corporation has opened a Hertz Local Edition rental car facility in Draper, Utah, marking the 9th Hertz opening in Utah. This opening represents Hertz' commitment to serving its suburban clientele who are l ... Continue reading
Mitsubishi Forklift Trucks Recognizes 2004 Dealers of the Year
HOUSTON--May 20, 2004--Mitsubishi Forklift Trucks is pleased to announce the 2004 Dealers of the Year, all of whom showed excellence in customer satisfaction, sales growth and product support during 2003. The Dealers of the Year are: Capitol Lift Truck, Inc. -- Oklahoma City, Oklahoma Equipment Depot of Dallas, Inc. -- ... Continue reading
COSTA MESA, Calif.--May 20, 2004--The RV Assistance Corp. (RVAC) today announced that the National Recreation Vehicle Dealers Association (RVDA) has endorsed the Call Tracking and Reporting solution offered by CallSource, the inventor of call management and customer information services. Both the RVAC and the RVDA Boar ... Continue reading
CLEVELAND, May 20 -- Shiloh Industries, Inc. , a leading manufacturer of first operation blanks, engineered welded blanks, complex stampings and modular assemblies for the automotive and heavy truck industries, will announce earnings for the second quarter and first half of fiscal 2004 on Tuesday, May 25, 2004. A confe ... Continue reading
Westport Announces Fourth Quarter and Year End Conference Call for May 27, 2004
VANCOUVER, British Columbia--May 20, 2004--Westport Innovations Inc. (TSX:WPT) announced today that it will disclose its fiscal fourth quarter and year end financial results on May 27, 2004. To coincide with the disclosure, Westport has scheduled a conference call for Thursday, May 27, 2004 at 8 am (Pacific Time). Afte ... Continue reading
AAA Projects Record High Travel for Memorial Day Weekend
MINNEAPOLIS, May 20 -- AAA reports record numbers of vacationers will begin the summer travel season with a bang despite high gas prices, as an estimated 36.9 million Americans are expected to enjoy a Memorial Day weekend vacation of 50 miles or more away from home, an increase of 3.6 percent above last year. Approxima ... Continue reading
Chrysler Group SUV Sales Humming Along in 2004
- Jeep(R) Brand Sales of Jeep Grand Cherokee, Jeep Liberty and Jeep Wrangler Up 17 Percent Through April - Sales of All-New Dodge Durango Running 14 Percent Ahead of Last Year - Both Jeep and Dodge Brands Poised for Future Growth AUBURN HILLS, Mich., May 20 -- Chrysler Group's SUV sales are humming along in 2004 with a ... Continue reading
ACDelcoPartsOnline.com Earns Top Honors From National Catalog Managers
ST. PETERSBURG, Fla., May 20 -- Florida Automotive Distributing, Inc. (FAD) was recently awarded the President's Award for Catalog Excellence for its innovative online catalog ACDelcoPartsOnline.com by The National Catalog Managers Association (NCMA), The site won top honors in Web Cataloging at the Catalog Excellence ... Continue reading
ArcaEx Indy 500 Practice Report (May 20, 2004)
If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading
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